Head of Asset Management

Boardroom Appointments; Cape Town; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A reputable recruitment agency is seeking a Head of Asset Management to develop and implement strategies that align with organizational objectives. The role involves managing asset data, ensuring compliance, and leading teams for optimal asset lifecycle performance. Ideal candidates will have over 5 years of leadership experience in asset management, engineering, or operations, alongside a relevant degree. This position is based in Cape Town, South Africa.

Qualifications

• 5+ years in asset management, engineering, or operations leadership.
• Proven track record in strategic planning and lifecycle asset management.

Responsibilities

• Develop and lead the organization's asset management strategy.
• Align asset management plans with business goals and regulatory frameworks.
• Lead lifecycle planning and promote a culture of proactive asset care.
• Ensure compliance with health, safety, environmental, and industry regulations.

Skills

Strong knowledge of engineering principles, maintenance, and reliability

Proficiency in asset management systems and tools

Excellent leadership, communication, and stakeholder management skills

Education

Bachelors (Electrical, Civil, Project Management)

Additional qualifications in Asset Management

Job description

Role Overview

The Head of Asset Management is responsible for developing and implementing asset management strategies, policies, and systems that align with organizational objectives. This includes managing asset data, ensuring regulatory compliance, applying engineering principles for asset optimization, and leading teams to ensure best-in-class performance over the lifecycle of assets.

1. Strategic Leadership

• Develop and lead the organizations asset management strategy.

• Align asset management plans with business goals and regulatory frameworks.

• Lead lifecycle planning (acquisition, operation, maintenance, and disposal).

• Promote a culture of proactive asset care.

• Team scheduling and resource planning.

• Service Level Agreements (SLAs) in relation to contracted services, ensuring the SLAs are achieved.

• Manage Technicians and action teams to site, provide guidance, testing, engineering, and contractually.

2. Engineering Integration

• Apply engineering principles (mechanical, civil, electrical, etc.) to evaluate and improve asset performance.

• Ensure engineering standards are integrated into asset management systems and that they are maintained.

• Lead root cause analysis and continuous improvement initiatives for failures or underperformance.

• Manage Technicians and action teams to site, provide guidance on testing, engineering, cleaning, and contractually.

3. Asset Lifecycle Management

• Define processes for asset acquisition, maintenance, inspection, and decommissioning.

• Oversee asset condition monitoring and health assessment.

• Ensure capital investment decisions are informed by lifecycle cost analysis.

4. Risk and Compliance

• Ensure compliance with health, safety, environmental, and industry regulations.

• Develop risk-based maintenance and replacement strategies.

5. Data and Technology

• Champion the use of Asset Management Systems (Internal Company Systems CRM).

• Utilize data analytics, IoT, and predictive maintenance tools.

• Oversee asset data governance and ensure accuracy for decision-making.

6. Team and Stakeholder Leadership

• Lead and mentor multidisciplinary engineering and asset management teams.

• Collaborate with finance, operations, IT, and other departments.

• Report to executive leadership on asset performance and strategic initiatives.

• Responsible for all existing sites daily monitoring.

• Responsible for all existing site daily operations.

• Responsible for all existing site monthly reports.

7. Education

• Bachelors (Electrical, Civil, Project Management).

• Additional qualifications in Asset Management, beneficial.

8. Experience

• 5+ years in asset management, engineering, or operations leadership.

• Proven track record in strategic planning and lifecycle asset management.

9. Skills

• Strong knowledge of engineering principles, maintenance, and reliability.

• Proficiency in asset management systems and tools.

• Excellent leadership, communication, and stakeholder management skills.

KPIs & Performance

• Asset availability and reliability.

• Maintenance cost optimization.

• Asset utilization rate.

• Compliance and audit scores.

• Return on Assets (ROA) and total lifecycle cost savings.

• Strong communicator.